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Ether Rises 2.89% in Four Hours to $2,421 on Binance Spot

Ether was up 5.37% over 24 hours. Short liquidations totaled $730,000 across three exchanges during the same one-hour period.

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A faceted token tilts upward along a brushed metal rail / TokenPost.ai (macro)
A faceted token tilts upward along a brushed metal rail / TokenPost.ai (macro)

Ether (ETH) rose 2.89% in four hours to $2,421 at 1:45 p.m. ET Wednesday, highlighting a sharp move in the second-largest cryptocurrency by market value.

Binance spot ETH/USDT was $2,353 four hours earlier. The $68 increase over that interval corresponds to the 2.89% gain. The latest observation came at 1:45 p.m. ET (18:45 UTC) Wednesday, Nov. 4, or 3:45 a.m. Nov. 5 in Korea.

Ether was up 5.37% over the 24 hours ending at the observation. Liquidations across Binance, Bybit and OKX during the same one-hour period totaled $730,000 in short positions and $130,000 in long positions. Short liquidations exceeded long liquidations by $600,000 during that hour. The liquidation figures cover one hour; the price comparison covers four.

Ether’s market capitalization was about $297.00613 billion, ranking it second among crypto assets.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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